A. A membership in a corporation may be terminated or suspended for the reasons and in the manner provided in the articles of incorporation or bylaws.
B. The articles of incorporation or bylaws may include a provision to permit a member to resign as a member.
C. A proceeding challenging a termination or suspension for any reason shall be commenced within one year after the effective date of the termination or suspension.
D. The termination or suspension of a member does not relieve the member from any obligations incurred or commitments made prior to the termination or suspension.